Thanks benaiah, I would say I'm in the red about half the time not sure if you mean my balance is always below my equity curve instead of the other way round? It does looks better now because the drawdown is over (and it will come again and it will ...

1 year profitable trading goal

Longer waiting time doesn't means bad idea even though we are riding shorter trend. There's a lot of misconception among we traders that goes something like somehow a politician could easily blow through our stops easily when we hold our trade ...

1 year profitable trading goal

1:1 ratio is good as long as you've above 51% of win rate and you'll be profitable in the long run There's no hard rules with these risk:reward stuffs as long as we have positive expectancy with our strategy. In fact, when the R ratio increase, ...

1 year profitable trading goal

Try watch a few more asset classes and you'll have no time to watch the same trade too much It is also important to monitor more markets when trading HTF, that will give you more trade setups and diversify. Thanks, you can add me if you like to. ...

1 year profitable trading goal

Yes, I'm trading low 6 figures account in total. I do trade other asset class other than fx like stocks, CFDs, indices, etc. except options, especially the one with the word binary in front. I do not have any max profit target though, my rule is ...

1 year profitable trading goal

I do not use TE but I do have quite a few accounts on myfxbook though, here is the link if you like to have a look, url I only trade the HTF, not sure it will help since most traders here are trading LTF and scalping but hope it could help at ...

1 year profitable trading goal

Indeed, the emotional side of things is very important and easier too if we do not make it full time. Who doesn't want to rush for their dream? Need to save up a lot if manage to trade full time

1 year profitable trading goal

That's really cool, you're living the dream of most traders. I've traded for so many years but never seems to be able to make it full time Hopefully will be able to switch to full time in 2-3 years time

1 year profitable trading goal

Ya, at least you're up 8.4%, that is quite a nice gain. Keep it coming and you'll recover all your losses very soon. Waiting for a breakout for USD/CAD to happen, it has been consolidating and chopping around for quite a long time.

1 year profitable trading goal

Recommend Oanda

nano lot in micro account

Doesn't really recommend widen SL but as long as it is under your risk management everything will be good hopefully price will turned around in your favor! I see how you see LH now, that will offer you early singal and catch at the very reversal ...

1 year profitable trading goal

If that's the case then it will not be considered forced since traders have the option to choose brokers like Oanda and others that offer nano account

1 year profitable trading goal

Hope things will turn around for you soon, how do you manage SL for this trade? BTW, the LH on your chart doesn't looks really like a LH since price hasn't breaks below its previous swing low and the last swing low (the one marked with L) doesn't ...

1 year profitable trading goal

Yup, hopefully everything is well Maybe I'm a longer term trader therefore not feeling comfortable having tight SL.

1 year profitable trading goal

I'm not very sure why is small account traders are forced to use high leverage especially in recent years where you have a lot of nano accounts (100unit) and Oanda even offer 1 unit as the smallest amount. Regarding taking exact entry point, I don't ...

1 year profitable trading goal

USD/CAD looks bearish for me too on the short term, price is moving sideways and we are at the upper end of the range. Need to watch out the 1.3135 support below though, doesn't feels comfortable shorting into support level. Your SL looks a little ...

1 year profitable trading goal

Although I do not fully agree with treating your small accounts like a big one as there is a lot of difference between the two but the way domba manage his risk might not help a new traders much and it could foster the gambling mentality like ...

1 year profitable trading goal

Looks bearish on this pair, the market have been in a healthy down trend and we have a resistance level at 1.0320.. Probably going to look for short near the 1.0320 resistance level..

1 year profitable trading goal

Keep compounding on your winnings

1 year profitable trading goal

No worries, we will call Mr. Kuroda in a few hours time when the Japanese market open and he will fix it

1 year profitable trading goal